Noun: unearned revenue
- (tax) personal income that you did not earn (e.g., dividends, interest or rent income)
"He reported significant unearned revenue from his investments";
- unearned income
- (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
"The company recorded the advance payment as unearned revenue";
- unearned income
Derived forms: unearned revenues
Type of: income